MMFL

M M FORGINGS

Small Cap BSE: 522241 NSE: MMFL
₹947.95
20.65 (2.23%)
As on 12 August, 2022 | 18:19

M M Forgings Share Price

M M Forgings Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

M M Forgings Share Returns

  • Over 1 Month 8.66%
  • Over 3 Month 17.79%
  • Over 6 Month 26.64%
  • Over 1 Year 23.6%

M M Forgings Key Statistics

P/E Ratio 20.3
PEG Ratio 0.5
Market Cap Cr 2,288
Price to Book Ratio 4.1
EPS 38
Dividend 0.6
Relative Strength Index 56.09
Money Flow Index 65.21
MACD Signal 19.92
Average True Range 45.48

M M Forgings Investment Rating

  • Master Rating:
  • M M Forgings has an operating revenue of Rs. 1,229.98 Cr. on a trailing 12-month basis. An annual revenue growth of 43% is outstanding, Pre-tax margin of 11% is healthy, ROE of 16% is good. The company has a debt to equity of 63%, which is bit higher. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 12% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -6% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 67 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 106 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

M M Forgings Financials
  • Indicator
  • Jun 2022
  • Mar 2022
  • Dec 2021
  • Sep 2021
  • Jun 2021
  • Mar 2021
  • Oper Rev Qtr Cr
  • 327
  • 314
  • 289
  • 254
  • 234
  • 285
  • Operating Expenses Qtr Cr
  • 272
  • 260
  • 233
  • 214
  • 196
  • 229
  • Operating Profit Qtr Cr
  • 55
  • 53
  • 56
  • 48
  • 43
  • 58
  • Depreciation Qtr Cr
  • 16
  • 15
  • 15
  • 15
  • 15
  • 17
  • Interest Qtr Cr
  • 7
  • 6
  • 7
  • 7
  • 7
  • 8
  • Tax Qtr Cr
  • 10
  • 9
  • 7
  • 3
  • 3
  • 4
  • Net Profit Qtr Cr
  • 30
  • 29
  • 31
  • 28
  • 24
  • 30

M M Forgings Technicals

EMA & SMA

Current Price
947.95
20.65 (2.23%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 929.99
  • 50 Day
  • 899.57
  • 100 Day
  • 870.69
  • 200 Day
  • 823.67
  • 20 Day
  • 937.67
  • 50 Day
  • 890.22
  • 100 Day
  • 869.34
  • 200 Day
  • 822.91

M M Forgings Resistance and Support

PIVOT
₹936.25
Resistance
  • First Resistance
  • 958.4
  • Second Resistance
  • 989.5
  • Third Resistance
  • 1011.65
Support
  • First Resistance
  • 905.15
  • Second Resistance
  • 883
  • Third Resistance
  • 851.9
  • RSI
  • 56.09
  • MFI
  • 65.21
  • MACD Single Line
  • 19.93
  • MACD
  • 15.31

M M Forgings Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 30,523
  • 1,486,165
  • 48.69
  • Week
  • 48,220
  • 1,714,712
  • 35.56
  • 1 Month
  • 70,907
  • 3,146,146
  • 44.37
  • 6 Month
  • 43,984
  • 2,274,423
  • 51.71

M M Forgings Result Highlights

M M Forgings Synopsis

NSE-Steel-Producers

M M Forgings Ltd. is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 1104.64 Cr. and Equity Capital is Rs. 24.14 Cr. for the Year ended 31/03/2022. M M Forgings Ltd. is a Public Limited Listed company incorporated on 21/02/1946 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L51102TN1946PLC001473 and registration number is 001473.
  • Market Cap
  • 2,285
  • Sales
  • 1,191
  • Shares in Float
  • 1.06
  • No of funds
  • 31
  • Yield
  • 0.65
  • Book Value
  • 3.88
  • U/D Vol ratio
  • 1.6
  • LTDebt / Equity
  • 60
  • Alpha
  • 0.08
  • Beta
  • 0.88

M M Forgings

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 56.34%
  • 56.34%
  • 56.34%
  • Mutual Funds
  • 17.59%
  • 19.11%
  • 20.71%
  • Foreign Portfolio Investors
  • 0.82%
  • 0.78%
  • 0.77%
  • Individual Investors
  • 21.63%
  • 20.46%
  • 19.27%
  • Others
  • 3.62%
  • 3.31%
  • 2.91%

M M Forgings Management

  • Name
  • Designation
  • Mr. N Srinivasan
  • Chairman
  • Mr. Vidyashankar Krishnan
  • Vice Chairman & Mng.Director
  • Mr. K Venkatramanan
  • Joint Managing Director
  • Mr. V Vaidyanathan
  • Director
  • Mr. A Gopalakrishnan
  • Director
  • Mrs. Kavitha Vijay
  • Director
  • Mrs. Sumita Vidyashankar
  • Director

M M Forgings Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

M M Forgings Corporate Action

  • Date
  • Purpose
  • Remarks
  • 2022-08-10
  • Quarterly Results
  • 2022-05-25
  • Audited Results
  • 2022-02-07
  • Quarterly Results
  • 2021-11-08
  • Quarterly Results
  • 2021-08-13
  • Quarterly Results
  • Date
  • Purpose
  • Remarks
  • 2022-06-07
  • INTERIM
  • Rs.6.00 per share(60%)Interim Dividend
  • 2021-07-02
  • INTERIM
  • Rs.5.00 per share(50%)Interim Dividend

M M Forgings MF Shareholding

  • Name
  • Amount(cr)
  • HDFC Hybrid Equity Fund Growth
  • 18284
  • L&T Emerging Businesses Fund Regular Growth
  • 7993
  • Franklin India Smaller Companies Fund Growth
  • 6817
  • HDFC Multi Cap Fund Regular Growth
  • 5241
  • Tata Small Cap Fund Regular Growth
  • 2230

M M Forgings FAQs

What is Share Price of M M Forgings ?

M M Forgings share price is ₹947 As on 12 August, 2022 | 18:05

What is the Market Cap of M M Forgings ?

The Market Cap of M M Forgings is ₹2288.4 Cr As on 12 August, 2022 | 18:05

What is the P/E ratio of M M Forgings ?

The P/E ratio of M M Forgings is 20.3 As on 12 August, 2022 | 18:05

What is the PB ratio of M M Forgings ?

The PB ratio of M M Forgings is 4.1 As on 12 August, 2022 | 18:05

Q1FY23